REVIEW OF 13th Feb 2012 AND UPDATE FOR 14th Feb 2012

NIFTY FUTURE – 13^th Feb  Feb  Recap

NIFTY FUT we  clearly mentioned that 5350-5400 will be a choppy zone, check how markets reacted in that zone. We also mentioned that until 5335 breaks Longs can be accumulated and held, markets again made a low near our BULLS Last stand point of the day and gave a smart pull back to exactly hit our Bears last stand point of the day. In the Morning too Market opened below Our TREND decider of the day and drifted lower.

Our Intra NIFTY subscribers went long near 5380 and booked quick profits near 5400-5405 . Even our Bank NIFTY subcribers had a good day going long and booking quick gains.

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NIFTY FUTURE – 14^th  Feb Trading Guide

NIFTY FUT again traded within a broader range of 5450-5335 for yet another day, making it increasingly choppy within this range. Market is looking for some cues to breakout of this range. On the daily charts NIFTY formed an inside candle.Breakout of this range shall give a smart trade and until this range breaks its advised to take contrarian trades with a SL and reversal

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5450-55 sustaining above which it will target 5475,above that 5505
POWERTRADE TREND DECIDER OF THE DAY ------- 5380-5400
POWERTRADE BULLS LAST STAND POINT OF THE DAY -------5335-5340
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ----5285,5250

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